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20121101
20121130
Search Results 0 to 7 of about 8 (some duplicates have been removed)
to offer limited service at laguardia tomorrow. in washington, boston, newark, and new york's john f. kennedy, airport operations are returning to normal. flightaware estimates 2,800 flights were canceled today, down from a peak of almost 8,000 on monday. tomorrow, 530 flights have been officially scrapped, but that will grow, if as seems likely, laguardia has trouble opening tomorrow. add it up and airlines took a big hit from sandy. >> you can multiply 18,000 canceled flights by a few tens of thousands of dollars in revenue per flight and you're well north of $100 million in lost revenue. some of it they will be able to recover by flying flightmore full over the next week, but a lot of it is gone. >> reporter: if it rolls on the ground, recovery will take longer.mo amtrak is providing limited service south and north of new york. but it gave no estimate for when flooded tunnels will be cleared and service restored into new york's penn station. darren gersh, "n.b.r.," washington. >> sie: the crippled transportation system is a big headache for feiex, joining us paul tronsor. he runs
at eaton vance management. he joins us from that firm in boston. duncan, i take it you're a pessimist in regards to avoiding the fiscal cliff that we're going to go over? >> not really a pessimist. i think the fiscal cliff is going to be more of a fiscal slope, but there will be a tax element to it. i think because we're starting at such a low level of tax rates, we're very likely to have higher taxes either immediately with the expiration of the payroll tax and potentially on capital gains and dividends in 2013 and beyond. >> tom: how should invests approach that, invest on what tax rates may be next year? >> not really. but there are great costs to be avoided by lessening the tax drag on your investment. positioning your portfolio and making sure you're in sthooks can outperform in a rising interest rate environment-- which is another thing we're worried about-- longer term makes some sense. >> tom: so rising interest rate environment, possibly higher inflation, higher taxes. not exactly the most shiny of forecasts for investors. >> well, there is something you can do about it. you
Search Results 0 to 7 of about 8 (some duplicates have been removed)